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Equity markets keep going up early afternoon

Bombay News.Net
Monday 8th September, 2008 (IANS)

Mumbai Sep 8 (IANS) Indian equity markets continued to trade with hefty gains early Monday afternoon, after opening in the green and moving upwards in initial trade following the NSG waiver to the India-US nuclear deal. Realty, banking and capital goods stocks were in demand.

At 1:00 p.m., the 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, was at 15,067.78 points, up 583.95 points or 4.03 percent from its clsoing figure Friday. It had touched a high of 15,107.01 points earlier Monday.

At the same time the broader based S&P CNX Nifty index of the National Stock Exchange was up by 165.10 points or 3.79 percent at 4,517.40.

The market breadth was positive. On BSE, 1,779 shares advanced, 723 declined and 71 remained unchanged.

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